Meta Platforms Inc (META)

[DiscoverGold]

Facebook - Has it Committed Suicide?
By: Marty Armstrong | January 12, 2021

Face book interestingly has a Panic Cycle in April and it looks like high volatility the week of January 25th. What is interesting is that Facebook peaked with the August turning point and it now appears that a weekly closing below 247 will imply a drop to the 229 level. A weekly closing below that area would suggest a correction and consolidation ahead. It would require a monthly closing below 197 to suggest a broader bear market into 2022.

People are bailout or even WhatsApp. They keep changing their privacy setting regularly and despite claims they are not monitoring private messages, so many people are moving to Telegram or Signal. Facebook and Twitter's censorship has been outrageous. Numerous world leaders have condemned them for blocking Trump and now Facebook is removing all accounts and/or posting about the vote being stolen. Big Tech has become our overlords and silencing and banish Trump and his “complicit” supporters are obviously very political which is reminiscent of a communist regime. Facebook has told its staff not to advertise they work for Facebook. Twitter just stranded the president’s 88.5 million followers.

The obvious agenda to overthrow Trump is clearly a personal vendetta when he was also threatening anti-trust action to break them up. Meanwhile, Iran’s mullah and other global enemies of Western civilization are not banned so it is clearly only Trump. They would obviously have no problem with Hitler either today and they continue to be exempt from the same rules.

We use to use WhatsApp in the company for everyone is international. We have closed down WhatsApp as well. They just cannot be trusted anymore and they constantly change their privacy policy to the point you need a lawyer to constantly monitor their slick changes to policy and then claim you agreed.

GOODBYE!

DiscoverGold